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The Chicago Hoard: Backyard Discovery

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Villa Rose's Avatar
United States
68 Posts
 Posted 08/05/2018  5:23 pm Show Profile   Bookmark this topic Add Villa Rose to your friends list Get a Link to this Message Number of Subscribers
This fellow hid his coin and currency collection, no doubt because he feared theft. Over the years he slipped into dementia and forgot about it. Since his death, his son has found portions of the collection all over the place: in the fireplace, under the front porch and buried in the back yard.

Family finds holdered 1876 Proof set buried in yard
Graders at CSNS authenticate eight-coin assemblage worth thousands of dollars
https://www.coinworld.com/news/us-c...in-yard.html
Coin World, May 4, 2018

*** Moved by Staff to a more appropriate forum. ***
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Errers and Varietys's Avatar
United States
73946 Posts
 Posted 08/05/2018  5:37 pm  Show Profile   Bookmark this reply Add Errers and Varietys to your friends list Get a Link to this Reply
That's an amazing story! It's pretty cool that it was found years later. It must be almost like a time capsule.
Errers and Varietys.
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basebal21's Avatar
13014 Posts
 Posted 08/05/2018  5:45 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
That's one hoard story I'm not sure I believe. It's possible but it's also a great way to get some more interest in those coins
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Coinfrog's Avatar
United States
94367 Posts
 Posted 08/05/2018  6:16 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Kinda agree.
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T-BOP's Avatar
United States
18456 Posts
 Posted 08/05/2018  9:35 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
Fascinating , but I don't think I would bury my collection in my backyard .I would be worried sick of environmental damage .
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mtuma3's Avatar
United States
744 Posts
 Posted 08/05/2018  9:47 pm  Show Profile   Bookmark this reply Add mtuma3 to your friends list Get a Link to this Reply

Quote:
That's one hoard story I'm not sure I believe. It's possible but it's also a great way to get some more interest in those coins


My grandfather passed away in 1973. After a couple of months my grandmother asked me if I would help her pack up his clothes to give them to purple heart vets. He use to roll you his socks and I unrolled a pair and a $20 bill popped out. I then went back and went through every pocket in his pants, shirts, suit coats, and when I got done, there was almost $2000 hidden in his clothes and my grandmother no clue he had done that. People from that era (great depression) did not trust banks so it was common to hide things.
Mark
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My7070
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basebal21's Avatar
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 Posted 08/05/2018  10:03 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
My grandfather passed away in 1973. After a couple of months my grandmother asked me if I would help her pack up his clothes to give them to purple heart vets. He use to roll you his socks and I unrolled a pair and a $20 bill popped out. I then went back and went through every pocket in his pants, shirts, suit coats, and when I got done, there was almost $2000 hidden in his clothes and my grandmother no clue he had done that. People from that era (great depression) did not trust banks so it was common to hide things.


I certainly get that, it's not the fact that things were hidden around that make me have serious doubts about this one. There's a lot that just doesn't make much sense from the condition of proofs to the choice to use ANACS ect. My gut is just saying this seems like a marketing/promotional effort here.

There's also the big elephant in the room that if the father had Alzheimer's and forgot that he had buried it ect, how would the son have known to start digging up the back yard if he was only told to look under the porch ect. The son is also familiar enough with coins that a few minutes checking prices which he presumably knows how to do would show that ANACS is the last service you would want to use for those.

There's just a lot here that doesn't add up to me that seems like there is a good possibility that it's an effort to increase interest in them or promotional for a company.
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Joe2007's Avatar
United States
3843 Posts
 Posted 08/05/2018  10:31 pm  Show Profile   Bookmark this reply Add Joe2007 to your friends list Get a Link to this Reply
I wonder how they determined that the coins were buried in 1994?

I've been to estate auctions where the auctioneer and his staff had to go through everything because they kept finding stashes of cash and silver coin hidden in random pieces of furniture and personal goods. I think they ended up find over $20,000 in cash and several hundred face in silver coin.

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jbuck's Avatar
United States
188110 Posts
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mtuma3's Avatar
United States
744 Posts
 Posted 08/06/2018  10:38 am  Show Profile   Bookmark this reply Add mtuma3 to your friends list Get a Link to this Reply

Quote:
There's just a lot here that doesn't add up to me that seems like there is a good possibility that it's an effort to increase interest in them or promotional for a company.


I see your point too. To Have "Chicago Hoard" on the slabs would probably increase the value...
Mark
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My7070
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thq's Avatar
United States
3343 Posts
 Posted 08/06/2018  1:27 pm  Show Profile   Bookmark this reply Add thq to your friends list Get a Link to this Reply
Over the years, I told my dad that he could get a safety deposit box for free. He didn't pay any attention.

After he died, we found his coin hidey-hole in an alcove next to the fireplace. His mint sets had been loaded into grocery sacks and piled behind glass bottles full of rocks he'd collected. The rocks went into the driveway. The mint sets were sold for $15,000 to the local coin dealer.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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United States
20753 Posts
 Posted 08/06/2018  9:05 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
And all of those found coins were UNSEARCHED too
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Dorado's Avatar
Canada
24885 Posts
 Posted 08/06/2018  9:49 pm  Show Profile   Bookmark this reply Add Dorado to your friends list Get a Link to this Reply
Very interesting ,thank for sharing the article.
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XavierOfGreen's Avatar
United States
2589 Posts
 Posted 08/06/2018  10:22 pm  Show Profile   Bookmark this reply Add XavierOfGreen to your friends list Get a Link to this Reply
I got excited when I saw the words "holdered" 1876 proof set, I thought they meant it was in an original mint issue holder, which is absurdly rare for any issue prior to 1936. Alas, its just a regular capitol holder.
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kbbpll's Avatar
United States
4233 Posts
 Posted 08/06/2018  11:43 pm  Show Profile   Bookmark this reply Add kbbpll to your friends list Get a Link to this Reply

Quote:
I wonder how they determined that the coins were buried in 1994?
It only says that in a photo caption, and from my experience the people who write the captions barely understand anything about the overall story. I don't find the ANACS choice that unusual either - the article says he brought the coins to the convention/show, and ANACS is usually the only grader with a presence at these things. Overall I don't find the story that farfetched.
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basebal21's Avatar
13014 Posts
 Posted 08/06/2018  11:48 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
I don't find the ANACS choice that unusual either


Why?

He is a collector in another area where market reading abilities should be there, then picks a company not worth the fee?
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